Today's Flooring News

Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.

NeoConnect Launches Today Online

Chicago, IL, June 1, 2020—NeoConnect, this year’s virtual NeoCon event, launches today.

Purchasing Managers Index Posted Increase in May

Tempe, AZ, June 1, 2020—The May Purchasing Managers Index (PMI) registered 43.1%, up 1.6 percentage points from the April reading of 41.5%, according to the latest Manufacturing ISM Report On Business.

Consumer Sentiment Rose 0.7% to 72.3 in May

Ann Arbor, MI, May 29, 2020-Consumer sentiment rose 0.7% in May to 72.3, according to final results from the University of Michigan Survey of Consumers.

Personal Income Rose, Spending Declined in April

Washington, DC, May 29, 2020--Personal income increased $1.97 trillion (10.5%) in April, according to estimates released by the Bureau of Economic Analysis.

Stifel Offers Insight On Lumber Liquidators' Q1 Earnings Release

St. Louis, MO, May 29, 2020—Stifel offered the following analysis following Lumber Liquidators’ (LL) Q1 2020 earnings release,

Schönox Adds Dates to Online Education Offering

Florence, AL, May 29, 2020— Schönox added dates to its online learning offering.

Huali Floors to Establish U.S. Footprint in Chatsworth, Georgia

Chattanooga, TN, May 27, 2020-Chinese firm Huali Floors will establish its U.S. headquarters and a manufacturing facility in Murray County, Georgia.

LL Reports Increased Sales & Earnings in Q1, Charles Tyson Named CEO

Richmond, VA, May 28, 2020— Lumber Liquidators reported a net sales increase in Q1 2020 of 0.4% YOY.

GDP Revised Down to a 5% Decrease for Q1

Washington, DC, May 28, 2020—Real gross domestic product (GDP) decreased at an annual rate of 5.0% in the first quarter of 2020, according to the second estimate released by the Bureau of Economic Analysis.

Pending Home Sales Slid 21.8% in April

Washington, DC, May 28, 2020—The Pending Home Sales Index fell 21.8% to 69.0 in April, according to the National Association of Realtors.